Enforcement of the 2016 Financial Information Published by Issuers Subject to the Transparency Law

In accordance with the Luxembourg law of 11 January 2008 on transparency requirements for issuers, the CSSF monitors the publication of financial information published by issuers and verifies in particular that consolidated and non-consolidated financial statements are drawn up in compliance with applicable accounting standards. In this context the CSSF issued a press release to draw attention to certain financial reporting topics to be considered by issuers and auditors.

CSSF press release 17/03 is available in English

CSSF Press Release 16/45 Regarding Diligence to be Performed by Approved Independent Auditors

CSSF press release 16/45 of 16 December 2017 highlights certain checks to be performed by approved independent auditors (Réviseur d’entreprises agréé), in relation to investment funds with units admitted to trading on a regulated market within the meaning of article 4, item 14 of the MiFID directive and their status as public interest entities.

The press release 16/45 is available in English

CSSF Press Release 16/43 regarding Article 26 (Obligation to Report Transactions) of MiFIR

Article 26 of EU Regulation No. 600/2014 on markets in financial instruments (MiFIR) contains the obligation for credit institutions and investment firms which execute transactions in financial instruments to report complete and accurate details of such transactions to the competent authority. The CSSF provides additional information in relation to the obligation to report transactions as foreseen by article 26 of MiFIR.

The press release 16/43 is available in English

CSSF Newsletters - December 2016 and January 2017

The CSSF published its December 2016 newsletter (number 191) and its January 2017 newsletter (number 192), which provide updates in relation to recent national regulation and statistics.

CSSF newsletter number 191 is available in English

CSSF newsletter 192 is available in French

The ALFI European Alternative Investment Funds Conference

The Association of the Luxembourg Fund Industry (ALFI) held its annual European Alternative Investment Funds Conference on 22 and 23 November 2016.

The press release outlining the key items is available in English on the ALFI website

CSSF Press Release 16/41 Regarding the Global Situation of Undertakings for Collective Investment at the End of October 2016

CSSF press release 16/41 of 5 January 2017 outlines the global situation of undertakings for collective investment at the end of October 2016.

The press release is available in French on the following CSSF website